{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-022761","form_type":"8-K","ticker":"OPTT","cik":"0001378140","company_name":"Ocean Power Technologies, Inc.","filed_at":"2025-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.847109+00:00","generated_at":"2026-05-17T16:13:12.311886+00:00","sec_items":["1.01","1.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"OPTT signs $40M ATM equity facility with Ladenburg; terminates prior AGP agreement","bullets":["Entered into ATM sales agreement for up to $40M of common stock with Ladenburg Thalmann.","Commission of 3% of gross proceeds; sales will be at-the-market or in negotiated transactions.","Terminated prior ATM agreement with A.G.P./Alliance Global Partners under which ~$18M was sold.","New agreement effective August 8, 2025; no penalties for termination of prior agreement.","Shares issued under effective S-3 shelf; prospectus supplement filed same day."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-022761","json":"https://secwatch.observer/filing/0001641172-25-022761.json","markdown":"https://secwatch.observer/filing/0001641172-25-022761.md","text":"https://secwatch.observer/filing/0001641172-25-022761.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1378140/000164117225022761/0001641172-25-022761-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1378140/000164117225022761/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T16:13:12.311886+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}